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Bulls Need Close Above 200-DMA....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls Need Close Above 200-DMA
*RES 4: 3540.64 High June 15
*RES 3: 3509.66 200-DMA
*RES 2: 3502.44 55-WMA
*RES 1: 3487.00 High July 18
*PREVIOUS CLOSE: 3471.64
*SUP 1: 3466.26 High July 13 now support 
*SUP 2: 3425.75 21-DMA 
*SUP 3: 3418.06 Low July 12 
*SUP 4: 3389.44 Alternating daily support/resistance
*COMMENTARY: Time spent above the 55-DMA (3476.93) has been brief so far with
pressure on initial support. Bears still need a close below 3466.26 to ease
renewed bullish pressure and below 3418.06 to confirm a break of the 21-DMA and
shift initial focus back to 3340.50 June lows. Bulls continue to look for a
close above the 200-DMA to confirm focus on 3540.03-3566.53 where the bear
channel top (3549.11) off 2018 highs is located.

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